IOT in Manufacturing Market Growth – Industry Trends Report 2022

New York, April 24, 2018: The scope of the report includes a detailed study of global and regional markets on IOT in Manufacturing with the reasons given for variations in the growth of the industry in certain regions.

The IOT in Manufacturing Market is expected to exceed more than US$ 20.0 Billion by 2022 at a CAGR of 27% in the given forecast period.

The whole world is becoming a type of information system which is interlinked with each and every thing and everything else and each and every thing is connected by one or the other way. The data itself is becoming an asset in this information system as there is huge data flow from every connected device that has a portal. The world is becoming more intelligent by implementing a self-driven auto corrective action program to avoid mistakes and damages. Manufacturing firms are centering towards expanding their business procedures and generation yield with ideal asset use. IoT in manufacturing is gaining importance with the invention of smart devices.

This report provides:

1) An overview of the global market for IOT in Manufacturing and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for IOT in Manufacturing.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.